Friday, March 12, 2010

Reuters Reiterates Outperform Rating on Manas Petroleum

Reuters Reiterates Outperform Rating on Manas Petroleum

To view the full report go to http://www.undiscoveredequities.com/mnap_reuters_march_2010.pdf

Financial giant predicts Manas shares likely to outperform the market.

If you are as bullish on oil stocks in general and specifically bullish on Manas Petroleum shares as I am, Reuters coverage of Manas Petroleum, will be good news. In it, Thomson Reuters, one of the world’s largest stock market analytics firms which is also ranked as one of Britain’s most respected companies, has singled out Manas Petroleum (MNAP) shares as likely to outperform the market based on its “proprietary quantitative model”. Reuter’s description of what this "technical" ranking means is quoted below.

“We cannot guarantee that each stock will perform in accordance with its rank. But we do believe that over the long term, stocks rated Outperform (30% of all stocks we rate) will, in the aggregate, outperform stocks rated Neutral (40% of all stocks we rate), and that stocks rated Neutral will, in the aggregate, outperform stocks rated Underperform (30%). All analysis is based on publicly available company financials, fundamental ratios, relative rankings of financial data and ratios, and observed equity prices”

About Manas Petroleum:

Manas Petroleum is an international oil and gas company, focusing on activities in South-Eastern Europe, Central Asia and South America. Details of these projects are located on the Company's website: www.manaspete.com

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